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F-Secure UK awarded grant to research autonomous vehicle network security

Cyber security provider F-Secure has won a £25,000 grant to research the security of connected and autonomous vehicle (CAV) networks. The research will leverage F-Secure Consulting’s expertise in securing critical national infrastructure to help the company contribute to the integrity and trustworthiness of the emerging CAV ecosystem.

Thursday, January 23, 2020 - 12:01
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Visa Takes 'Access To Cash' Programme Industry-Wide
Visa

Visa is taking its 'access to cash' programme industry-wide, working with partner banks to offer high street retailers in remote and rural locations a fee for processing cashback transactions over the counter.

The introduction of the UK-wide programme follows a year-long trial with Lloyds Bank, which offered rewards to retailers in return for providing cashback services.

The initiative comes in the wake of a backlash over the creation of 'cash deserts' in locations where bank branches have been closed and ATMs shut down.

Thursday, January 23, 2020 - 11:52
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/news/payments/visa-takes-access-cash-programme-industry-wide
Financial IT
Barclays announces new fintech partnership with insurance pioneer, Nimbla

In a high street banking first, Barclays has announced a partnership with Nimbla, a pioneer of single invoice insurance.

Barclays’ one million SME clients will have the opportunity to benefit from the partnership, with the new ability to take out insurance against individual invoices, rather than the whole book.

Thursday, January 23, 2020 - 11:52
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/news/insurtech/barclays-announces-new-fintech-partnership-insurance-pioneer-nimbla
Financial IT
BMO To Buy Clearpool
BMO To Buy Clearpool

Bank of Montreal has agreed to buy New York-based trading technology outfit Clearpool Group. Financial terms were not disclosed.

Founded in 2014, Clearpool has about 60 employees and over 100 clients, primarily US broker dealers who use its trading technology and execution services.

Once the deal goes through, BMO says Clearpool clients will maintain access to its technology and open architecture platform.

The unit will remain independent post-acquisition, with information barriers to secure clients' confidential information.

Thursday, January 23, 2020 - 11:49
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/news/trading-systems/bmo-buy-clearpool
Financial IT
Top five UK money transfer markets receive more than £10bn

New analysis reveals the top five money transfer markets for UK residents that account for nearly one third of the total sent home

New analysis by Paysend, the UK based fintech, reveals that just five markets account for nearly one third of the total money transferred home from the UK.

Paysend analysed the latest data from the World Bank. It shows that foreign workers, international students and expats in the UK send money to more than 130 countries worldwide.

Thursday, January 23, 2020 - 11:42
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/news/money-transfers/top-five-uk-money-transfer-markets-receive-more-ps10bn
Financial IT
Blockchain Life 2020 welcomes 5000 participants and leading companies of the industry on April 22-23 in Moscow

The biggest event on blockchain, cryptocurrencies, and mining in Europe is taking place at an innovative venue — Music Media Dome

On April 22-23 Blockchain Life 2020 brings together 5000 participants from 70 countries. Among them: businessmen and entrepreneurs, investors, miners, blockchain developers, founders of the innovative startups, government officials and everyone who wants to know more about one of the most promising sphere. 

Thursday, January 23, 2020 - 11:02
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/news/blockchain/blockchain-life-2020-welcomes-5000-participants-and-leading-companies-industry-april
Financial IT
Why increasing cost pressures mean banks need to put their ‘head in the cloud’

It’s true that banks are having to do more with less budget. Recent headlines have demonstrated we’re currently operating in an increasing cost pressured environment. The solution for some banks has been to cut costs through staff reductions – but is this always the right answer?

Thursday, January 23, 2020 - 10:50
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Open Banking Platform Tink and BNP Paribas Announce Strategic Partnership in Europe

Open banking platform Tink and BNP Paribas today announce an extension of their partnership in Europe. In addition to Tink’s existing partnership with BNP Paribas Fortis — the retail network of BNP Paribas in Belgium — Tink is now also entering a partnership with the Italian retail network of BNP Paribas, Banca Nazionale del Lavoro (BNL). As part of the partnership, BNL will start implementing Tink’s solutions for account aggregation, payment initiation and personal finance management. 

Thursday, January 23, 2020 - 10:43
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/news/open-banking/open-banking-platform-tink-and-bnp-paribas-announce-strategic-partnership-europe
Financial IT
PeoplesBank Selects NYMBUS SmartMarketing™ & SmartOnboarding™ Platform

NYMBUS, a provider of the world’s most advanced financial services platform, today announced 

Thursday, January 23, 2020 - 10:40
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Financial IT
WorldRemit announces global remittance partnership with Alipay

WorldRemit has announced a partnership with Alipay, the world's leading payment and lifestyle platform, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app, bringing more convenient and inclusive transfer services to users around the world.

 “Our vision is to build a mobile-first, international payments service and we’re excited to work with Alipay as a partner,” said Tamer El-Emary, Chief Commercial Officer, WorldRemit. “The partnership will focus on innovation, customer experience and speed to market.”

Thursday, January 23, 2020 - 10:13
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